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If they start raising prices then CPI will start reflecting true inflation, and we can't be having that!
by hanniabu 5y ago
If they start raising prices then CPI will start reflecting true inflation, and we can't be having that!
- mananaysiempre 5y agoI doubt it’s that advanced, honestly, the commercial real estate market here is pretty thuggish. And everybody’s prices are sticky, it’s seemingly part of how we define fairness. (See the haircut comment two levels up for an example from the consumer side.) I’m certain economists have loads and loads of strong words to say to all of us about this behaviour.
- gruez 5y agoInflation would look bad for politicians, but I doubt small business owners are ruining their business just so BLS can put out slightly better inflation numbers.